A Quote by Seth Klarman

Things that have never happened before are bound to occur with some regularity. You must always be prepared for the unexpected, including sudden, sharp downward swings in markets and the economy. Whatever adverse scenario you can contemplate, reality can be far worse.

Seth Klarman

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Adverse Always Be Prepared Before Bound Contemplate Downward Economy Far Happened Including Markets Must Never Occur Prepared Reality Regularity Scenario Sharp Some Sudden Swings Things Unexpected Whatever Worse

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Seth Klarman
American - Author
Born: May 21, 1957

Beware leverage in all its forms. Borrowers - individual, corporate, or government - should always match fund their liabilities against the duration of their assets. Borrowers must always remember that capital markets can be extremely fickle, and that it is never safe to assume a maturing loan can be rolled over. Even if you are unleveraged, the leverage employed by others can drive dramatic price and valuation swings; sudden unavailability of leverage in the economy may trigger an economic downturn.

Seth Klarman

Whatever professes to benefit by pleasing must please at once. The pleasures of the mind imply something sudden and unexpected; that which elevates must always surprise.

Samuel Johnson

The Wright brothers didn't contemplate the staying on the ground of things. Alexander Graham Bell didn't contemplate the noncommunication of things. Thomas Edison didn't contemplate the darkness of things. In order to float an idea into your reality, you must be willing to do a somersault into the unconceivable and land on your feet, contemplating what you want instead of what you don't have.

Wayne Dyer

If I always appear prepared, it is because before entering an undertaking, I have meditated long and have foreseen what might occur. It is not genius which reveals to me suddenly and secretly what I should do in circumstances unexpected by others; it is thought and preparation

Napoleon Bonaparte

When I wake, I have a brief, delicious feeling of happiness that is somehow connected with Peeta. Happiness, of course, is a complete absurdity at this point, since at the rate things are going, I'll be dead in a day. And that's the best-case scenario, if I'm able to eliminate the rest of the field, including myself, and get Peeta crowned as the winner of the Quarter Quell. Still, the sensation's so unexpected and sweet I cling to it, if only for a few moments. Before the gritty sand, the hot sun, and my itching skin demand a return to reality.

Suzanne Collins

Enough. Sudden enough. Sudden all far. No move and sudden all far. All least. Three pins. One pinhole. In dimmost dim. Vasts apart. At bounds of boundless void. Whence no farther. Best worse no farther. Nohow less. Nohow worse. Nohow naught. Nohow on.

Samuel Beckett

Right now in the insurance markets, we have sort of a disaster unfolding, a downward spiral, adverse selection, premiums in the individual market going through the roof. People can't afford insurance and insurance companies are losing hundreds of millions of dollars. If you repeal part of Obamacare to get rid of the individual mandate but keep some of the ideas, that people can still buy insurance after they're sick, the situation gets extraordinarily worse. And so what we're seeing now could be tenfold greater if you only repeal part of Obamacare.

Rand Paul

It's always a revolution, you know, when things occur of which you have never happened to hear!

Ida Tarbell

A government must always be prepared for the unexpected.

P. Chidambaram

One common mistake is to think that one reality is the reality. You must always be prepared to leave one reality for a greater one.

Mother Meera

Some things are so unexpected that no one is prepared for them.

Leo Rosten

I think when you take the big swings - and I've done plenty of big swings that I was told were never going to work - those are always the things that break through.

Ryan Murphy

Now the true soldiers of Christ must always be prepared to do battle for the truth, and must never, so far as lies with them, allow false convictions to creep in.

Origen

Lawmakers who interfere with commerce and the normal creation of jobs in an economy run the risk of doing harm rather than good. Unintended consequences from regulating or legislating to achieve a goal can occur and cause havoc in the markets or an economy.

Mark Skousen

You've got Washington picking winners and losers. And so, all of a sudden, decisions are being made on what helps politicians, not what helps the economy. Some will call it socialism. Some will call it a command and control economy. Whatever it is, it's antithetical to the American experience.

Jeb Hensarling

The life of Dumas is not only a monument of endeavour and success, it is a sort of labyrinth as well. It abounds in pseudonyms and disguises, in sudden and unexpected appearances and retreats as unexpected and sudden, in scandals and in rumours, in mysteries and traps and ambuscades of every kind.

William Ernest Henley

A Quote by Seth Klarman

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